The listed company CIMG invested 24.61 million USD to increase its holdings by 230 BTC, bringing the total holdings to 730 BTC
According to PR Newswire, Nasdaq-listed company CIMG Inc. announced that it has used approximately $24.61 million of internal funds to purchase 230 bitcoins, bringing the company's total bitcoin holdings to 730 coins as of now.
CIMG stated that the current cryptocurrency market is in a "cooling period," which is also a strategic entry point for purchases.
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